Construction Contract Cost Plus With Guaranteed Maximum Price In Fairfax
Category:
State:
Multi-State
County:
Fairfax
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Contract Cost Plus With Guaranteed Maximum Price in Fairfax is a comprehensive legal document that outlines the agreement between a Contractor and an Owner for the construction of a project. This contract specifies the scope of work, the work site, necessary permits, and the responsibilities regarding soil conditions and insurance. The contract also details the fee structure, allowing the Owner to pay the actual construction costs plus a stipulated sum or a fixed fee. Change orders can be made in writing, and the Owner is responsible for any costs associated with such changes. Additionally, the contract includes provisions for late payment and warranties covering workmanship. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for managing construction projects and mitigating risks, ensuring compliance with local regulations, and protecting the interests of all parties involved.
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FAQ
Maximum Allowable Construction Area (MACA) “ the combined total of the Maximum Allowable PSO and the Maximum Allowable ISA. Maximum Allowable Unpaved Surface Area (USA) “ portion of the lot that shall remain unpaved and reserved for softscaping/planting.
